Agriculture and Managing the Debt Crisis

Abstract

The debt problems of developing and developed countries are visible and the strains on international economy are manifested in constant changes in exchange rates, persistent sizeable imbalance in foreign trade, increased restrictions on imports of the developing countries in the industrialised economies. Frequent trade disputes with a long shadow of tension between heavily indebted countries and their major creditors have become the challenge that faces the world economy and thus dictates the pace of growth and development of the world economy.